M borrowed some money for 1 year at certain simple interest. But the interest rate was increased to 2% which amounted to Rs. 120. Find the principal amount.A. Rs. 4,000B. Rs. 5,000C. Rs. 6,000D. Rs. 7,000

M borrowed some money for 1 year at certain simple interest. But the i

1.	M borrowed some money for 1 year at certain simple interest. But the interest rate was increased to 2% which amounted to Rs. 120. Find the principal amount.A. Rs. 4,000B. Rs. 5,000C. Rs. 6,000D. Rs. 7,000
A.	C
B.	D
C.	B
D.	A
Answer» B. D

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M borrowed some money for 1 year at certain simple interest. But the interest rate was increased to 2% which amounted to Rs. 120. Find the principal amount.A. Rs. 4,000B. Rs. 5,000C. Rs. 6,000D. Rs. 7,000

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